The latest european energy storage electricity price trend chart

How do European households benefit from a shared electricity market?

Many European households have electricity plans that are linked to the current spot price, allowing them to benefit from hourly price variations. Most European countries are part of a shared electricity market, which is facilitated by extensive interconnections between national grids.

What is Europe's electricity market?

Europe's electricity market is characterized by a diverse array of energy sources. The main source of electricity across the continent varies by region, reflecting different geographical and economic factors. In many European countries, nuclear energy and natural gas are significant contributors to the electricity mix.

How often is energy prices and costs data published?

Detailed data and analysis of energy prices and costs in Europe, published by the Commission every 2 years.

How does Eurostat display electricity and natural gas prices?

This visualisation tool, created by Eurostat, displays electricity and natural gas prices in the EU and other European countries with a great level of detail. Users can interact with the data and customise the display in many different ways.

Will energy prices rise in Europe in 2023?

The price that energy customers pay in Europe has never been higher than in 2023. Far from being back at pre-pandemic levels, electricity and natural gas rates were still increasing in the first half of the year.

When does the European Commission publish a report on energy prices and costs?

Starting in 2014, the European Commission publishes a regular report on energy prices and costs, which takes stock of the latest trends. The 5th report on energy prices and costs was published in March 2024.